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They do incur debt. Or work part time, or both, because they have to live while studying. What's this support that German students don't get?
by Arnt 8y ago
They do incur debt. Or work part time, or both, because they have to live while studying.
What's this support that German students don't get?
- pintxo 8y agoThere is a state support program for Students (starting at High school age if necessary, covering higher education and apprenticeship programs) whose parents combined income is below the threshold. It‘s called Bafög (if I recall correctly that’s for Bundesausbildungsförderungsgesetz, Federal Apprenticeship/Study Subsidary Law) Depending on financial background it‘s partly paid as loan / gift. With low interest and payment schedules linked to the actual income after exiting the program.
- Broken_Hippo 8y agoNorway has a similar program. Students have a stipend that doesn't need repaid: It is just enough to live a very frugal life (and in some cases, not quite enough). I'm pretty sure repayment is dependent on what you earn afterwards. And as a bonus, if someone is willing to live and work up north for some years (5 or 10, I can't remember), you won't have to repay the loans.